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Search Results 0 to 49 of about 301 (some duplicates have been removed)
MSNBC
Jul 11, 2011 5:30am EDT
or not our political system, whether the leaders can get together, whether they can solve big problems or are they just going to kick the can? if you look at the statements of the rating agencies who have questioned the fiscal soundness of this country, it's about our political system, not being willing or able, seemingly, to take on big tasks. >> the president may be confident about a larger plan but senate minority leader mitch mcconnell, one of the key lawmakers involved in negotiations says he thinks a $4 trillion deal is off the table. >> everything they've told me and the speaker is that to get a big package would require big tax increases in the middle of the economic situation that's extraordinarily difficult with 9.2% unemployment. it's a terrible idea. it's a job-killer. >> after last night's white house meeting, house minority leader nancy pelosi said democrats are still hopeful for a large bipartisan agreement as long as it does not do harm to the middle class. and aides to john boehner says the speaker now believes the cuts outlined by vice president biden's bipartisan gro
NBC
Jul 12, 2011 4:30am EDT
, and this is going to bring that hot air to the big cities of i-95 just one day for you, but it's the humidity that really gets our attention. a lot of people, you know, dewpoints don't mean much to them. if your dewpoint is above 07, the air is sticky and uncomfortable, and the dark green shows you where that is. it's pretty much the whole eastern half of the country today. it's feeling very uncomfortable outside because of the humidity. we have heat advisories. we have heat warnings in effect in so many areas. we're talking 98 in d.c. it's going to feel like 105. in areas here especially north of dallas really hot stuff. that's a look at your national forecast. now here's a look at the weather outside your window. thunderstorms will be possible today, but they're not going to be widespread. it's going to be isolated storms late in the afternoon. new york city, the hartford. not like yesterday where we had huge storms develop throughout the day. i don't want to hear any complaints because it's going to be 97 in new york. it's only within day. >> you're not going to hear it from me. you know -
CBS
Jul 7, 2011 7:00am PDT
to spend in terms of resources and manpower. the big question where is the line drawn here? this is a long protracted murder investigation. so the judge has said we will do a hearing here and we will parse this all out and figure out how much she is going to eventually have to pay back to the state of florida. >> maybe this is a little bit of an odd question because i think so many people are surprised whether the original verdict came down days ago. is this a surprise they are sending her back to jail for possibly another year? >> i don't think a big surprise. my thought they would go back a few weeks or a month maybe rather than getting out absolutely today. >> jack ford, thanks. good to see you. over to jeff glor at the news desk woot cheith another check r headlines. >>> overseas a frightening roof collapse at a soccer stadium. happened during renovation work at a stadium in the netherlands. one person was killed there and at least 13 others were hurt. you can see what happened. no match was being played at the stadium at the time of the collapse but we said renovation work was being d
NBC
Jul 11, 2011 4:00am PDT
% in the second quarter from a year ago. jpmorgan chase will be the first of the big banks to report on thursday. results from top tech player google are also expected thursday. also this week, investors will eye fresh economic data, starting with may's trade deficit on tuesday. also tuesday, minutes from the federal reserve's june meeting. wednesday, fed chairman ben bernanke delivers his biannual testimony to congress. retail sales and june's producer price index comes out thursday. and june's consumer price index is released friday. >>> elsewhere, precision cast parts says it has agreed to buy primus international for $900 million in cash. >>> reuters reports there's an emergency meeting in europe this morning over the debt crisis. they're now possibly spreading to italy. the region's third largest economy. friday italian stocks and bonds tumbled in a massive sell-off. >>> and finally, according to a new survey of college students and graduates, health insurance is the new love potion. 90% of surveyed students and 93% of recent grads said knowing a potential partner has health insurance would
CNN
Jul 11, 2011 4:00am EDT
at losses, big concerns over the solver debt crisis. report in a german newspaper is speculating that england may have to be included the bailout. so the european debt crisis is extending beyond grease, portugal and ireland and potentially italy. this is where we're looking at the european stock markets. off by more than 1% with the paris cac. reasons do with the greek debt crisis. a move away from the partial default. london ftse where banks are affected but not quite so badly as in germany and france up by about quarter of a percent and the losses are 2/3 of a percent for the seger smi. we'll have more of that coming up. >>> in terms of the currency markets, here we are, the main story here is that the euro remains under severe pressure, and i think that currency traders are talking in terms of the picture we've seen in recent weeks on the dollar coming to an end and that the dollar will remain in these kind of circumstances the safe haven currency. so looking at 1.5967. again, the pound under a lot of pressure. the euro, 1.4153 and 80.72. remarket stability for the yen dlafrmt
WHUT
Jul 18, 2011 7:00am EDT
? >> tuesday shaping up to be a very big day in parliament. in the morning we are expecting a senior policeman, including the one that put it last night, to appear before the committee. they will be questioned and questioned again about this cozy relationship. also, of course, at the handling of the original investigations into phone hacking. the biggest set piece will be in the afternoon, when they will hear from rupert and james murdock, separately from rebecca brooks, who resigned from her post at news international on friday. >> plenty going on. i know it will keep you busy. >> other stories making headlines around the world today, let's check with thailand and cambodia, ordered to withdraw their troops. the united nations highest court ordered troops to leave the land. a number of people were killed, thousands fled their homes. the postal service website has been hacked into by a group calling itself the union of free syrian hackers. they ended a message with the slogan -- the people want to finance the egyptian revolution. three people have been killed in chile. the government says that
MSNBC
Jul 12, 2011 10:00am EDT
today? >> this wouldn't be the big deal if this is the only day, but this is day after day the spring into the summer. then let's pile on a top of humidity. that gets to the people and aggravates everyone. this is where the center of the heat is. right over the top of the eastern half of the country with the exception not being up in the great lakes. this is already the heat index. what time is it? it's 10:00. we are at 105 already in louisville. areas of memphis, nashville and st. louis are right behind. the worst has been centered over the ohio river valley and southern indiana. later today, this is my forecast heat index. this is how hot i'm predicting it's going to get. the worst is up here with the dew points at the highest. we are thinking 110 in louisville, 110 in nashville. i've got my money on 115 in memphis as the hottest heat index in the country. it goes from oklahoma city to the east coast. this is one of the first humid days we had from new york to deep, deep baltimore, raleigh. you go down the coast with no exceptions. this is historic in oklahoma city. we now had 13 da
CBS
Jul 7, 2011 7:00am EDT
" will be bittersweet will be sure, a big celebration marked by big questions of what's ahead. >> bob, thanks. also with us is charles bolden, nasa administrator. >> good to be with you. >> there's a lot of criticism, including john glenn, by ending the program the way it's being ended without a backup plan this is ignoring a cardinal rule at nasa, saying there should be something else ready to go. how do you respond? >> we spent seven years with a well organized transition plan for phasing out shuttle and moving on to the next era. we're excited about what president obama is allowing us to do, working hard with the commercial entities, we hope to fly our first commercial crew, cargo missions early next year, they will be american made rockets flying cargo to the international space station and starting to work with commercial entities, hope to release a request for proposal on commercial contracts to take crew to orbit, maybe three years after we let the contract, we'll have a capability. >> many do see this and a number of astronauts have spoken over the last few weeks have said it seems like u.s
CNN
Jul 11, 2011 10:00am PDT
to bring in white house correspondent, and from cnn money. go big or go home. what is the republican push back? >> reporter: we're going to be finding out very shortly because house speaker john boehner will take to the cameras at 1:30 eastern essentially in the rebuttal to the news conference from the president earlier today. but the push back for republicans has been tax increases. you have republicans who have insisted on no tax increases, and democrats that insisted if there will be spending cuts, to achieve trillions of dollars in deficit savings. they don't want to abandon -- if there are going to be cuts to programs that are huge, they want to be able to say we pushed for sacrifices from wealthy americans and corporations. they are trying to strike kind of a just right agreement. because on one hand, you have a lot of republicans, and many of them who were swept into power in the last election saying we're going to cut spending and make government smaller, so the idea of tax increases, and certainly this is something a lot of them literally pledged they will not do, randi, it would
FOX News
Jul 11, 2011 4:00pm EDT
that is not the whole story? >>guest: you are right. people forget, and i forgot that obamacare, the big health care reform bill had half a trillion of new taxes over the next 10 years including tax on health insurance companies on investment income and hospitals and pharmacy companies and on employers so it is a major tax increase, the biggest ever in the last 25 years. people forgot about it so when democrats say to make it balances we need a tax increase, what we wrote today, didn't you just pass a big tax increase last year? you want $1 trillion increase on top of that? >> and so many of the tax increases do not come online until years down the road, so, although it was passed, and you think you may not have been slapped with it yet, in 2013 and 2015 and 2018 you will be. >>guest: gentleman that is why people for got. they did not take place until 20 thin or 2014 and some in 2018 for the health care plan. the question we have to ask, then, can the economy really get out of the rut with 9.2 percent unemployment and 14 million unemployed with $500 billion tax increase already in the works and, the
MSNBC
Jul 11, 2011 9:00am EDT
with the big debt talk. congressional leadering returning to the table this morning, after the grand bargain broke down last saturday and a tense 75-minute meeting last night failed to move negotiations forward. at 11:00 this morning, the president will hold a news conference to press publicly for his big deal. yesterday, his top economic adviser said the u.s. is out of options. >> we make 80 million checks a month to americans, 55 million people on social security benefits, millions more americans on veterans benefits, medicare, medicaid. people who supply our troops in combat. on august 2nd, we're left with cash on hand and the cash we take in. there is no credible way to give congress more time. there's no constitutional option, there's no delay option, there's no creative financial option. they have to act by the 2nd. >> no constitutional option, 14th amendment, off the table. here's what we know, debt talks appear to be at an impasse and here's why. the president is still pushing a big deal. democrats say the fallback plan, this $2 trillion plus package that was partially negotiated in
PBS
Jul 11, 2011 6:30pm PDT
today for as big a deficit agreement as possible. that will require leadership and hard decisions, the president said, and not just from politicians. darren gersh reports. >> reporter: before he sat down with congressional leaders, the president said both parties talk tough about fixing the nation's debt problems, but they still aren't willing to come to the table and make hard sacrifices. and he added another group to that list: the nation's business leaders. >> the business community is a lot like everybody else, which is we want to cut everybody else's stuff and we want to keep our stuff. we want to cut our taxes, but if you want to raise revenue with somebody else's taxes, that's okay. and that kind of mindset is why we never get the problem solved. >> reporter: but house speaker john boehner says there is a reason businesses shouldn't be asked to give more now. >> our disagreement with the president is not about closing loopholes. none of us are fond of loopholes. our disagreement is over the idea of raising taxes on the very people that we're asking to create jobs in our cou
NBC
Jul 20, 2011 12:35am PDT
one baby's first words, bow-chicka-wow-wow! [ laughter ] this is big. mtv released the new trailer for "jersey shore" and it shows snooki crashing her car into a police cruiser in italy. when she was saw it, snooki was like, "wow, i don't even remember that. we were in italy?" [ laughter ] when? and finally, a male porn star was arrested in miami for driving with goats, roosters, pigeons, and a duck in his car. apparently starring in that upcoming porno, "old mcdonald does a farm." we have a great show tonight everybody! give up for the roots! [ cheers and applause ] ♪ [ cheers and applause ] >> jimmy: we have an awesome, awesome show tonight. you guys will be so happy you tuned in. a good friend of the show, one of the most talented people in the business, justin timberlake is stopping by. [ cheers and applause ] >> steve: he's a pretty nice guy, give it up. >> jimmy: she -- she was so funny in "bridesmaids" and now back with glenn close on "damages," we love it when she comes to visit us, rose byrne is here. [ cheers and applause ] she's so good in that movie. and we have music
MSNBC
Jul 11, 2011 6:00am EDT
economic soundness to this country. that take as big deal. a lot of pain. democrats are upset the president talked about pain on their side of the ail and republicans are saying no way will we give tax relief to middle income americans. they want to continue tax relief to the wealthy. everyone agrees a number around $4 trillion will make a serious debt on our deficit. it will send a statement to the world that the u.s. has gotten ahold of their fiscal problems and they are moving forward. it will give confidence to the american people that we can move forward to bring economic soundness. that's the president's commitment. >> 6:00 on the east coast. welcome to "morning joe." look at that nice live look at times square. joe is looking spify today. he went shopping. it is monday, july 11th. >> i don't know what that means. >> we have msnbc -- well, yes. this is unusual. we have msnbc contributor mike barnicle, john heilemann. what's so funny? >> yeah, what's so funny? i don't get it. he's back. >> we can't get him to leave. we have "morning joe" economic analyst steve rattner and in washington
CNN
Jul 14, 2011 2:00am PDT
on that in just a moment. i wish i could say there's big news about the debt ceiling talks. i can't tell you that. there's more drama than dealing going on in d.c. right now. a fifth round of talks is set for today. but yesterday didn't go so well. house republicans called for a short-term extension and house majority leader eric cantor says this is what the president said in response. quote, don't call my bluff, eric. and then he walked out a few minutes later. president obama said all along he'd veto any short-term measure. ed administration says failure to raise the $14.3 trillion debt ceiling by august 2nd could trigger a partial default on the part of the united states. thanks to that debt ceiling issue and the possibility of default you're on notice. i'm on notice. everyone from maine to san diego is on in. moody's investor services, the debt rating agency plans to review the nation's aaa bond rating and might downgrade it from stable to negative. standard & poors has the u.s. bond rating under review. let's talk about foreclosures for a second. realty track, the company that tracks the for
PBS
Jul 14, 2011 5:00am EDT
carry out india's worst militant attack since 2008? big dreams from a tiny island. one of the world's smallest countries hoping for olympic success. hello. it could be another landmark moment in the phone-hacking scandal. we should know very seen whether the media tycoon rupert murdoch has agreed to be questioned by members of british parliament. his son, james, and rebecca brooks have also been invited to appear before the hearing. we can go live to westminster. it feels like we're on the deadline hour for learning whether rupert murdoch is going to say yea or nay to appearing. i don't suppose many are expecting him to say oh, go on then. >> i don't think so. for one thing, the parliamentary committees do not have the same powers as congressional committees and certainly they cannot force foreign citizens like rupert and james murdoch to appear before them. there is even a question mark over whether they can really force rebecca brooks, who of course is a british citizen to appear. if anyone buzz does of the three, it is thought that perhaps she will be the most likely. the lawyers
CW
Jul 6, 2011 9:00pm CDT
evealed and look into a big food service contract at o'hare airport. wgn news @ 9 outpouring of residents in a lake you never tonight concerned about the beating and stabbing of a man a few days ago caught on tape and an increase in crime overall, top story >> the meeting still got started at 7:00 p.m. and now two hours later still people live up to say what solutions perhaps can be offered to solve the crime issue in the area. at least 16 loud and contentious not all the pilots but race and gender and the youth in the area, packed auditorium at the inter american back at school. concerned over a video that surfaced when a group of about 15 stabbing a young man on north halstead/ makanda against a wall an example of a rise in the violence >> why are you telling the media at all the incident in recent weeks some what i attacked bamut why is the first solution to the problem the policing of our neighborhood rather than putting $50,000 towards all bus shelters safety in schools >> comments we have heard out here tonight just before the meeting a group youth who met with the m
MSNBC
Jul 12, 2011 6:00am EDT
14% in taxes and corporations pay 0%, and you raise more, you can have us a big deal here. >> they're still drawing lines in the sand that seem insurmountable with weeks to go before the august 2 deadline, congressional leaders are heading back to the white house today for yet another meeting to reach a deal on raising the country's debt ceiling. officials familiar with the negotiations say majority leader eric cantor dominated yesterday's meeting. cantor laid out what was agreed upon in the deficit reduction talks led by vice president biden, specifically $2 trillion in cuts in the next decade. the figure includes $1 trillion in discretionary spending. $200 billion in medicare and medicaid. and $200 billion to $300 billion on saved interest in the debt. >> so the military -- the military, i guess, comes in in the mandatory discretionary spending. >> military. >> sources familiar with the talks add that after the presentation president obama said the two sides might be able to reach consensus on roughly $1 pp 7 trillion. but there are still some issues to resolve. at one point in t
ABC
Jul 26, 2011 7:00am PDT
is inevitable and could hit families with mortgage payments and lower 401(k)s, other big costs. jake tapper and jon karl have been tracking it. let's start with jake. >> reporter: last night aftete their primetime addresses, house speaker john boehner was overheard saying he didn't sign up to go mano a mano with the president of the united states after the president called for congress to compromise. the president spoke sternly to the american people last night blaming house republicans, especially freshmen, for holding up a debt deal. >> the only reason this balanced approach isn't on its way to becoming law right now is because a significant number of republicans in congress are insisting on a different approach. >> reporter: house speaker john boehner responded by saying that the president wants to continue his rampant spending. >> the president often said we need a balanced approach, which in washington means, we spend morerend you pay more. >> reporter: right now there a a two competing bills, to raise the debt ceiling and reduce the deficit. a house one that likely cannot pass the sen
MSNBC
Jul 13, 2011 4:00pm EDT
clearly we have a bought one. time to change that. our show starts right now. >>> well, the big story today, whether we like it or not, round 4. right now congressional leaders walking back into the white house for the fourth straight day of debt talks with president obama. it is hump day here in new york city, and across this great land. i am dylan ratigan. a pleasure to be seeing you. debt negotiators have yet to get over their trillion dollar hump and agree on a debt deal to keep our nation functional, the president stepping up the fearmongering, warning that seniors may not be able to get their social security check next month if congress does not act. quite simply, that would not happen. on the gop side, speaker boehner said any deal would be a crapshoot. house majority leader eric cantor, king of the prowrestlers these days, a leading voice emerging, aligning with the extremely far right idea logically prime minister study committee, in guarantees another job-killing debt crisis. that's a good talking point. i think most notably we'll stop spending on pod people or -- does
FOX
Jul 12, 2011 6:00am EDT
on. we'll start with the satellite and radar. we had big storms rumble through portions of the viewing area. yesterday it got quite dark and scary looking. all the storl activity has -- storm activity has pushed well off to the south and west of here. we do have the clouds still. a couple of showers popping up in central virginia now but most of the activity is in southwestern virginia, eastern portions of tennessee, western portions of north carolina, and southern west virginia. so that's where that is. we talked about the heat advisory. yes, there's a heat advisory that goes into effect at noon today. lasts until 8:00 p.m. all the counties you see there including washington, d.c. this is because with the heat in the upper 90s, the air temperature and humidity, it's going to feel like it's between 100 and 105 degrees during the day today. currently 78 degrees at reagan national. relative humidity 81%. so very uncomfortable out. winds out of the southwest now at 7 miles an hour. planner for today hazy, hot and humid. can't rule out a stray thunderstorm or two during the
CNN
Jul 7, 2011 1:00am PDT
to the start of wall street, u.s. futures to a pretty healthy open. it's in the shadow of the big jobs number out tomorrow. >> indeed. we'll have to see what difference this makes. now, in the u.k., an enormous story, really, that is shaking the government in some ways. certainly putting the prime minister under pressure in parliament. police are theying there will be a full investigation into new hacking allegations, into "the news of the world." it's a sunday newspaper. advertisers are turning their backs on the u.k.'s most popular sunday read. the tabloid stands accused of hacking into the phones of a missing schoolgirl that was later found dead. as well as relatives of the 2005 london bombings six years ago. and the families of soldiers killed in iraq and afghanistan. revelations have made waves across the u.k. and even led to a debate in parliament. and definitely in that debate, i think it's fair to say that the prime minister at times looked very much to be on the back foot. >> he seemed to be. very close with the former editor of "the news of the world." shareholders also getting out
KRON
Jul 2, 2011 2:30pm PDT
to nutritiondata.com, a whopper and a big mac each have more than half the amount of fat you're supposed to eat in an entire day. >> you've got to educate yourself about food, and a lot of what my book is about is just trying to tell you the difference between this industrial food and real food. >> reporter: eric schlosser spent two years researching the fast food industry. he wrote a book just for kids called "chew on this -- everything you don't want to know about fast food." it includes one surprising fact about those mcdonald's french fries many of us love. >> they're salty, and mcdonald's puts a little extra something in them. and when i was doing research for the book, i discovered that little extra thing is beef flavor. so the fries have beef in them, and if you're a vegetarian, you shouldn't eat them. >> reporter: eric isn't a vegetarian. in fact, like most of us, he loves a good burger. but he stopped eating fast food after he did his research. he already knew most fast food is not made fresh. it's processed -- created in a big factory, frozen, packaged and shipped around the world. th
PBS
Jul 12, 2011 6:30pm PDT
&p 500 down about six points. the losses came on heavier trading volume-- 923 million shares on the big board and over two billion on the nasdaq. >> susie: joining us now to put all these developments in perspective, mohamed el-erian, c.e.o. and co-chief investment officer of pimco, the world's largest bond fund. >> a lot to talk about. >> there's a lot >> susie: let me begin with the fed. do you think the fed is going to come out with another round of stimulus? is it a good thing? >> well, they're divided. in the minutes some people said perhaps we need more stimulus. others said oh, no, not too fast. worry about inflation. i think what the fed is telling us for sure is two things. one is revised downward growth projection, not just for 2011, but 2012, tells us that the slow down is more than cyclical. second to they're acknowledging they're driving in the fog. there's a lot of disagreement as to what the outlook looks like, and whether policy should be changed or not. so basically what they're telling us is, we will act. we just don't know what we're going to do. >> susie: is this a g
SFGTV2
Jul 4, 2011 7:30am PDT
. that is why this decision was so appropriate. >> the other big shock is that the moderates seem to have won this round. people thought, progressives have themselves on the board. there is no reason that they will not get together and take a noted leader who is a progressive to be interim mayor, and then stayed there for another term. the great thing about being in term mayor is to get to run as an incumbent. the fact that the progressives could not get together to get somebody into office as interim mayor in their own self-interest was very surprising for a lot of us. >> what happened in the last month in city hall was an incredible show of democracy that was part policy, part politics, and it all came together, and more than anything -- not just from a reporter's perspective, often was this? but there was a public interest as well on what was going on in san francisco government. we take it for granted a law that there is a city government here. this was something that brought people together. you heard people talking about it at the cafes, park playground, people who do not always pay att
WHUT
Jul 12, 2011 7:00am EDT
about him. i think the privacy of young children is a big issue. >> hell do you think that your son's medical condition, -- how do you think that your son's medical condition, cystic fibrosis, was leaked out? >> i have never talked publicly about his condition, and obviously we wanted that to be kept private, for all the obvious reasons that you want to do the best buy your children. i have never complained about what happened to me before, but the truth is information did come all. i was approached by a the "sun" newspaper. they told me they had this information about his condition and that they were going to run this story. >> how did that affect you as a father? >> in tears. your son is going to be broadcast across the media. sarah and i are incredibly upset about it. we're thinking about his long- term future, thinking about our family. but there is nothing you can do about it. you are in public life. you do not know how it has appeared, i have not questioned it, make any allegations or claims, but the fact is he did appear, and it did appear in "the sun" newspaper. >> i think i
FOX
Jul 11, 2011 7:00am EDT
and increase the nations borrowing limit. >> everything they have told me and the speaker is to get a big package would require big tax increases in the middle of an economic situation extraordinarily difficult 9.2% unemployment. it is a job killer. >> we need to do something very big, substantial to bring long term debt down overtime we have to do that in a way that is good for the economy. >> reporter: of course there is a difference in opinion what is exactly good for the economy, house speaker john boehner said look the republicans are not going to agree on any package that includes any increases in taxes therefore the republican package is $2 trillion where as the deal the president has been pushing is a $4 trillion deal we should learn more at the press conference scheduled here at the white house 11:00 a.m. >>> three small planes in three separate incidents had to be intercepted by fighter jets this weekend each plane flew too close to camp david. the first around noon saturday another later that night the third happened late yesterday morning in every case the planes landed withou
NBC
Jul 19, 2011 12:35am PDT
: we have a big show tonight, you guys. oh, i love her. she's funny, she's gorgeous. mila kunis is here tonight. [ cheers and applause ] she's hilarious and charming in her new movie, "friends with benefits." very excited to catch up with mila kunis. also, our buddy, tech expert joshua topolsky is dropping by. [ cheers and applause ] he's got a big announcement. big announcement. really big announcement. yep, yep, yep. and he's bringing a computer or something. i don't know. he's like a tech expert. he brings computers or something. [ light laughter ] new camera or remote control or something. remote controlled cars. >> steve: like a pen that writes -- >> jimmy: could bring a pen that writes upside-down. [ light laughter ] he's always funny, though. >> steve: yeah, you know, god bless him. >> jimmy: got a big announcement, apparently. >> steve: big. >> jimmy: i don't know. >> steve: all right. >> jimmy: maybe he's getting his hair cut different or something. [ light laughter ] and he's gonna announce it on our show tonight. so happy that he picked our show to announce it. no, he's got a
MSNBC
Jul 27, 2011 4:00pm EDT
come back from europe, there's a disparages disbelief. last thursday there was a big meeting about the euro zone crisis. whatever you think of the plan they come up, however, they all came together, came up with a plafç to avert crisis. looking at washington's politicians and thinking, hey, hang on a minute, they're as -- >> didn't you run a bureau -- >> i was in italy last week in fact. the analogy is apt. the difference is the market shook italy two weeks ago into doing something. they pass add 40 billion euro austerity plan, because the market freaked out. >> and in england as well. we held that deficit reduction, because we were worried about the market. here? >> i want to go back to jonathan's point, and this is -- i think people are trying to understand the implications. because america is the reserve currency of the world, because all the oil, the commodities, everything that exists, that china sells to brazil, that saudi arabia sells to europe is priced in u.s. dollars. it is incredibly unclear to what the implication of not paying it, because it is the only currency. beyo
MSNBC
Jul 30, 2011 7:00am EDT
. you have a big group of new freshman republican members in the house. they are not budging. they're not listening to just about anybody. it's -- they're going on what they believe is a mandate with this big tea party election in 2010 and they haven't really budged. you're seeing business leaders on wall street saying do something, do anything. this group of freshman republicans aren't really budging. will it have been an impact heez emails and phone calls, who knows. it may mean that house republican leaders have to shift away from what these small group of freshman republicans want. we'll see if it has an impact or not. there's not a whole lot of time left. >> indeed. thank you so much. we will be talking with nbc's chuck todd in a few minutes. >>> the first tropical system of the year has fizzled out. tropical storm don has weakened into a tropical depression. the storm made landfall along corpus christie. it brought little relief to the record breaking heat in the lone star state. here's with your saturday forecast bill karins. good saturday morning to you, bill. >> all the hy
NBC
Jul 31, 2011 5:00am EDT
'll take a look at the upcoming workweek coming up. for now, to the news desk. >> our big story this morning, congress and the president are working to meet the deadline and avoid a default by uncle sam. >> one vote was expected to come up this morning, but was withdrawn as the haggling continued behind-the-scenes. >> unable to muster support to get a bill passed, harry reid displayed the vote on his debt ceiling until later today. >> i spoke to the white house a few times, and they asked me to give as much time as possible to reach an agreement. >> it was the same plan shot down hours earlier by the house. >> the rules are not suspended, and the bill is not passed. >> finding a bill that will pass is not easy. >> we will not compromise on our principles. >> with tuesday's deadline looming, they are talking to president obama. >> the only way we will have a deal is to have an an agreement with the president of the united states. >> and we're going to fight you on that. >> as the clock ticks down. brian mooar, wbal-tv 11 news. >> wrblings the maryland congressional delegation is
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